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BMO Capital Remains a Hold on American Tower (AMT)

Tipranks - Tipranks - Wed Feb 25, 12:20AM CST

In a report released yesterday, Ari Klein from BMO Capital maintained a Hold rating on American Tower, with a price target of $185.00. The company’s shares closed yesterday at $190.05.

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According to TipRanks, Klein is a 4-star analyst with an average return of 4.6% and a 56.41% success rate. Klein covers the Real Estate sector, focusing on stocks such as Equinix, Host Hotels & Resorts, and American Tower.

In addition to BMO Capital, American Tower also received a Hold from KeyBanc’s Brandon Nispel in a report issued on February 17. However, on February 20, Citi maintained a Buy rating on American Tower (NYSE: AMT).

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Based on American Tower’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.72 billion and a net profit of $853.3 million. In comparison, last year the company earned a revenue of $2.52 billion and had a GAAP net loss of $792.3 million

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